UnknownUnicorn3382580

UnknownUnicorn3382580

Technically, price is assumed to retest the neckline (a clear h&s pattern) and resume sliding to 2,8. Also, the indicated head and shoulders pattern may be a part of a larger h&s, but it is too early to judge. Trade safe PS. DMA50 crossed DMA200. Clearly bearish

UnknownUnicorn3382580

Assuming a potential head and shoulders pattern, the stock is facing a tough 2023 start Trade safe

UnknownUnicorn3382580 Updated 

What will happen to the market if the Leader does that?)) Trade safe

UnknownUnicorn3382580 Updated 

Intraday entry - nice flag, breaking down to the abyss) RR huge, may be transferred to B/E quickly Trade safe

UnknownUnicorn3382580

I assume a corrective pattern - at its final stage of completion. Given its wave structure, this is a EW flat: - wave A - a three-waves correction (zigzag) - wave B - a complex wave, a double zigzag - wave C - due to its impulsive trajectory - is a wave C, that terminates the whole structure. Impulse so for is unfolding within a very clear Fibo path. The final...

UnknownUnicorn3382580

Sell idea posted earlier actually was a break even trade. At this point I can mark last waves as a potential triangle. Likely, the b-wave in a larger zigzag. Next week will show if there is a decent entry. Trade safe and have a nice week-end!

UnknownUnicorn3382580

Last choppy move is likely a wave B. So, this may be the mid wave of a larger corrective pattern, that is being formed after a nice impulse (a leading diagonal). Looking at RSI, I would expect also a three -wave move (a zigzag). A nice sell is still to come. Trade safe

UnknownUnicorn3382580

SIlver in EUR on weekly - one on the best flags I have ever seen )) We may be just in the middle, if project a measured move up. Trade safe

UnknownUnicorn3382580

This pattern will bring Silver closer to $25. A nice head and shoulders pattern, neckline retested. Trade safe

UnknownUnicorn3382580

Rejection - again from DMA200 and the macro trend line. Move up from Oct 13 is in clear three waves, therefore I assume a corrective advance, the trend continues to the downside. So long the daily structure - an assumed expanding diagonal is valid. To comply with EW rules, the fifth wave should be longer than the third wave. In order to achieve that, index must...

UnknownUnicorn3382580 Updated 

Watch for confirmations - if a flag forms, may break down and result in a nice dump. trade safe

UnknownUnicorn3382580

Daily chart - a nice head and shoulders pattern, broken neckline. Some weakness before the test of the neckline. Watch for price action against Bollinger bands and the neckline. Monthly chart - the structure is a nice abc corrective pattern. Trade safe

UnknownUnicorn3382580 Updated 

Each of the last three times VIX was around current low levels, it signaled the start of the bear phase. Will it be the same this time? Trade safe

UnknownUnicorn3382580

Latest moves in three waves. Assume two options: 1) flat (3-3-5 structure) 2) triangle All two are bearish structures. Daily MA50 slightly above, supports immediate push to the downside. But be aware, that on daily structure we are approaching the culmination point. All sells are short-term. Trade safe

UnknownUnicorn3382580

Looking at crazy volumes, I am inclined to think that ARK is not absent-minded)) 100k will be an easy target. More to come. Trade safe

UnknownUnicorn3382580

My target 150. This is the monthly chart level. Price will make a try, and the structure is almost a perfect ending diagonal. I am waiting to load shorts as soon as 150 is challenged. Trade safe

UnknownUnicorn3382580

This idea is probably for the next week, to get a confirmation. Three tests of the horizontal level. As as rule of thumb, fourth attempt with a right confirmation triggers a nice trending move. Wait for a flag - and you will get as a bonus a nice place for the entry with a decent risk to reward. Target is the same size of the structure, to the downside. Trade safe!

UnknownUnicorn3382580

Let us take a look at the current choppy move of EURCHF. Inside is a clear triangle, the trick is to get the right side of the trade. Simplest option - if the closest above resistance stands - to consider the probability of completing a WXY to the downside (ORANGE). Second option - the triangle is a bullish one, within a larger three wave move to the upside,...